Keeping an eye on a critical weekly close above $71,000 to confirm a short-term, bullish reversal.
But the immediate path is tricky.
We have a 4H double top + short-term liquidation heatmaps suggesting a pullback to $68,000–$68,500 range. We may see this range hit before our next leg up.
Sentiment Watch:
"Extreme Fear" index is flashing, which is historically a great signal to start accumulating spot bags, but it is definitely not the time to degen into 100x leverage.
Daily indicators like the Money Flow Index (MFI) are shifting bullish, but with "janky" weekend volume, the safest play is to wait for the CME open and traditional markets to confirm the direction.
Best Practice:
Don't force trades in this choppy range. The goal is to find high-quality setups with 2:1 or 3:1 reward ratios, so patience is key until we get that confirmed break above $71k.
